LAS VEGAS, Dec. 5, 2005 (PRIMEZONE) -- InRob Ltd. ("InRob") (OTCBB:IRBL), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has completed the sale of its first remotely controlled Caterpillar D9 bulldozer.
The Israel Defense Forces (IDF) has a special robotics unit of its engineering corps that is responsible for the operation of InRob Tech's D9 bulldozer. The remotely controlled armored D9 is being used in sensitive operations and border locations where human lives are in danger, for such tasks as clearing landmines, mounting sand barriers, building fortifications, and opening routes to armored fighting vehicles and infantry.
Ben Tsur Joseph, InRob Tech's CEO, says "We are pleased to have completed our first sale of the remote control system for D9 after finishing the trials. It is a vote of confidence of the IDF in our capabilities to produce superb quality in such a complex application. Having made this sale to the IDF gives us the endorsement we need to market the D9 bulldozer to militaries around the world."
For example, the U.S. Army has purchased several D9 armor kits from Israel and used them to produce similarly fortified D9s. They have been successfully put to use for similar purposes both in the Gulf War and in Iraq. This gives InRob further reason to be optimistic on the development of this market.
The first system was developed under contract for approximately $170,000 and it is expected that follow up orders will be made in the coming months at a unit price of over $100,000.
About InRob Tech
InRob Tech is a Nevada-based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at www.inrobtech.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.